Argentina, soybean producer Los Grobo to offer IPO

Posted on June 22, 2011 • Filed under: Agriculture, Argentina, Business

Argentina’s second- biggest soybean producer Los Grobo, plans to transfer some assets to a new company and sell shares of the business in an initial public offering in Brazil.

The company will be called LG Agronegocios & Participacoes SA, according to a regulatory filing Wednesday. Los Grobo, which produces soybeans, corn, wheat and sugar in Brazil, Argentina, Uruguay and Paraguay, didn’t provide details on the timing or value of the offering. Read Article

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